03/28/2017
Pension freedoms tax take is a win for consumers and the Treasury
So what do these figures tell us about the success or otherwise of the freedom and choice regime?
Tax
03/28/2017
European banks post 25b euros of profit in tax havens: report
Oxfam report shows subsidiaries in low-tax jurisdictions are twice as profitable as elsewhere
03/27/2017
Which countries’ tax authorities share data with Revenue?
Revenue has agreements in place that cover more than 100 jurisdictions
03/27/2017
Government set to launch a reform of tax breaks for investors who back entrepreneurs
Kealan Doyle, chief executive of Symvan Capital, an investment fund manager dedicated to small and medium-sized technology firms, said Treasury officials had indicated a review was imminent.
03/27/2017
European Banks Book $27 Billion Profit in Tax Havens
The study was based on data released under new European Union regulations requiring banks to report earnings on a country-by-country basis.
03/27/2017
Luxembourg, Ireland favourite 'tax havens' for banks, Oxfam claims
Its report claimed that Europe's 20 biggest banks posted more profits in the small EU country of Luxembourg than they did in the UK, Sweden and Germany combined.
03/24/2017
UK Rethinking Tax On Overseas Property Investors
The government recognizes that this would be a fundamental change to the taxation of the majority of non-resident companies who currently file self-assessment returns
03/24/2017
The results are out: how much income tax do you think top earners should pay?
Many of those who had tweeted cogently about tax fairness after the Budget fell strangely silent when I asked them what they regard as a fair share of income tax to be paid by the highest earners. My MP would not be drawn on the point. But I wanted to kno
03/24/2017
Smith & Williamson hires Goddard Perry as actuary and administrator
The opportunity to access the asset/liability position on a daily basis was one of the main reasons for our hire.
03/24/2017
How to get your clients £38K tax-free
Mr Heynes pointed out that the personal allowance of £11,500 is available in full to everyone with less than £100,000 of income
03/23/2017
UK accountancy firm with Chandler Backer & Co to form CBW Guernsey
The joint venture will provide islanders with a range of services, including advice on business start-ups and sales strategies, business growth, investments, overseas expansion, tax planning and regulatory compliance.
03/23/2017
Change in UK tax laws will affect QROPS
The Chancellor has announced changes that will tax certain QROPS transfers but not tax others.
03/23/2017
Why becoming a tax haven would be bad news for Britain
Theresa May and Philip Hammond have warned the EU that if they don’t like the Brexit deal, they could turn the UK into a tax haven.
03/23/2017
Whoops! HMRC Does It Again Over QROPS Rules
In an infamous High Court case in London, HMRC had to withdraw a claim against more than 100 Singapore QROPS investors following severe criticism from the judge.
03/23/2017
Brexit could hit UK's fight against corruption, says OECD
Business pressure to weaken bribery laws and government’s inability to focus on non-Brexit issues are also concerns, says group
03/23/2017
Luxembourg in ‘breakthrough’ tax treaty talks with Australia
Gramegna added that over the past year Luxembourg has improved tax transparency to become compliant with OECD standards.
03/21/2017
UK Residential Properties - 2017/18 ATED Filing Deadlines
The Annual tax on Enveloped Dwellings (“ATED”) applies to UK residential properties with a market value as at 1 April 2012 (1) in excess of £500,000, where the property is owned by a qualifying non-natural person.
03/21/2017
New penalties apply to the trustees for failure to comply with the reporting obligations
The Constitutional Court confirmed that the penalties which were imposed in the past were unconstitutional.
03/21/2017
Foreign investment banking giants paid no corporation tax after making billions of pounds in profit in the City
US firms Citibank and Bank of America Merrill Lynch appear to have paid no corporation tax at all, according to documents.
03/20/2017
Eversheds Sutherland Global Tax Digest
Introducing the Eversheds Sutherland Global Tax Digest - a collection of tax developments from our attorneys across the globe.